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Nov 16, 2012
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. >> is that the big onus on john boehner? >> i think it is the onus on all of the negotiators. it's all of them at this point. because that's where the spotlight is. yeah. it's going to be quite a task. we saw that when this happened the last time. it's going to come right up to the line. i think we might be here late december. >> the drama will take us through the end of the year. our power panel, jackie kucinich, blake, robert, thanks to all three of you. >>> up next i'll talk with someone who was in this morning's closed door hearing with general petraeus, republican congressman tom rooney will join the show. what do you think about today's testimony? tweet me your comments at thomas a. roberts. we're back after this. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. and you learned something along the way. this is the age of knowing what you're made of. so, why let
. >> is that the big onus on john boehner? >> i think it is the onus on all of the negotiators. it's all of them at this point. because that's where the spotlight is. yeah. it's going to be quite a task. we saw that when this happened the last time. it's going to come right up to the line. i think we might be here late december. >> the drama will take us through the end of the year. our power panel, jackie kucinich, blake, robert, thanks to all three of you. >>> up...
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Nov 15, 2012
11/12
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. >> reporter: but john boehner has ball clubbed at that idea. it would take away his party's leverage in calf issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of raising their tax rates. >> we're not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't do enough to cut the deficit. they will have that argument face to face with boehner on friday. >> one of the most frequent criticisms we've heard over the past few years from members on both side is that you haven't done enough to reach out and build relationships. are there concrete ways that you plan to approach your relationships with congress in the second term
. >> reporter: but john boehner has ball clubbed at that idea. it would take away his party's leverage in calf issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of...
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Nov 16, 2012
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 20, 2012
11/12
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creeding to john boehner's authority, let be john boehner negotiate this deal. all speculation he will not get involved in the same level. certainly he will be briefed and make his opinions known but he's not going to try to tell john boehner you cannot get this through the conference. look at it from a broad perspective, from folks i've spoken to, eric cantor is thinking like this -- general belief and consensus is if the gop wants to get in 2014 that boehner will most likely walk away in 2016. if cantor can be a dutiful lieutenant until then he could until 2016 if the house republicans win with redistricting and the margins they have which looks possible, he could achieve his dream of becoming the first jewish speaker of the house. no reason to try to ascertain and go higher up like he did in 2011 which left a negative impression of him in a lot of folks' opinions. it's going to be interesting to see if he, in fact, does stay back and credes to boehner's authorities. from all the conversation that's what he seems to be doing. >> i love the mixed messages here.
creeding to john boehner's authority, let be john boehner negotiate this deal. all speculation he will not get involved in the same level. certainly he will be briefed and make his opinions known but he's not going to try to tell john boehner you cannot get this through the conference. look at it from a broad perspective, from folks i've spoken to, eric cantor is thinking like this -- general belief and consensus is if the gop wants to get in 2014 that boehner will most likely walk away in...
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Nov 19, 2012
11/12
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after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the deductions and loopholes. he is not going to get the people to go along raising rates. there is the rhetoric the president engaged in on the campaign and then there is reality of washington. he is going to have to compromise on that to some degree if he wants a deal. >> chris: so does he have to compromise or do republicans compromise? >> first, i don't understand where the republicans think they have leverage here. you have seen that in tent whichs not just by boehner but people elsewhere. re-knew saying okay, we are going to let there be more revenue. but the pre
after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the...
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Nov 20, 2012
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see is a promise from the white house regarding entitlements and some sort of promise from speaker boehner about the top tax rate. we don't know how quickly they can get anywhere. >> thank you, luke. i want to bring in senator bernie sanders of vermont, an independent who caucuses with the democrats and he serves on the senate budget committee in congress, joint economic committee. you wrote an op-ed piece in politico saying that we must not balance the budget on the backs of the elderly, the children, the sick and the poor. but you say sadly enough that's the approach virtually all republicans and certain democrats will be advocating. how is that? >> and you just heard your media pundit tell you the same thing. look, in america today you have the most uneven distribution of wealth and income of any major country on earth. you have the top 1% owning 42% of the wealth. the bottom 60% own 2.3% of the wealth. so first question is who should bear the burden? of austerity. do you really go after medicare, medicaid, social security, nutrition programs? do you really want to throw kids off of med
see is a promise from the white house regarding entitlements and some sort of promise from speaker boehner about the top tax rate. we don't know how quickly they can get anywhere. >> thank you, luke. i want to bring in senator bernie sanders of vermont, an independent who caucuses with the democrats and he serves on the senate budget committee in congress, joint economic committee. you wrote an op-ed piece in politico saying that we must not balance the budget on the backs of the elderly,...
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Nov 15, 2012
11/12
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speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion to avoid the so-called fiscal cliff. the president is having leaders in both parties here at the white house on friday. that's when they should start hashing all this
speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of...
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Nov 14, 2012
11/12
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speaker boehner has said this. let's change the tax code. let's do something much broader base, lower those rates. a lot of folks are going to pay substantially more taxes because their special tax deductions will go away but we'll have a growth oriented tax system. >> congressman, i couldn't agree with you more, because we know the federal government spends $10 billion a day. the buffett rule, whatever you want to call it, maybe a week to two weeks of operating income for the government. i get that point. where will the other money come from? can you be specific? >> well, here's the reality. if you and i were to look at a chart and outside political rhetoric -- just put on our green eye shades and just be mathematicians. the problem is in the promises we made in entitlements, there's no money to pay for them. the medicare trust fund may only have a few years left and it's gone! because the incredible rate we're spending. if we do not hear the president talk about entitlements in that case he's just continuing his campaign of misinformation.
speaker boehner has said this. let's change the tax code. let's do something much broader base, lower those rates. a lot of folks are going to pay substantially more taxes because their special tax deductions will go away but we'll have a growth oriented tax system. >> congressman, i couldn't agree with you more, because we know the federal government spends $10 billion a day. the buffett rule, whatever you want to call it, maybe a week to two weeks of operating income for the government....
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Nov 16, 2012
11/12
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as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a really great confidence signal to markets. now i don't think it's the solution for our short term growth problems because right now borrowing is cheap and we don't have a debt problem dragging on our economy right now but if we're looking at freeing up investment, freeing up hiring over the medium and long terms, absolutely the markets would love that. >> i think, also, the biggest negative domestically generated is the perpetual fights of brinksmanship, government shutdown, debt ceiling. a grand bargain that if it did nothing else put off those types of fights for the foreseeable future
as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a...
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Nov 20, 2012
11/12
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speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tric
speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or...
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Nov 17, 2012
11/12
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. >> is speaker boehner ready to make a deal? >> the president convened a pow wow with leaders. >> the congressional leaders meeting at the white house today. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show our seriousness, we put revenue on the table. >> we're prepared to put revenue on the table. >> a deadline. >> being able to work something out. >> there was a spirit of cooperation. >> tomorrow is speaker boehner's birthday. we didn't know how many candles were needed. ♪ best friend ♪ >> interrupting that was the ghost of christmas past. >> you guys are the best. thank you so much. >> mitt, 47%, romney. he is the gift that keeps on giving. >> republicans did not take kindly to mr. romney's words. >> i don't agree with the comments. >> we lost the presidency. it's time to move on. >> general petraeus
. >> is speaker boehner ready to make a deal? >> the president convened a pow wow with leaders. >> the congressional leaders meeting at the white house today. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show...
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Nov 16, 2012
11/12
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>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept him from getting there, but i see a different kind of resolve and obviously, martin, for the interests of the country we hope that they don't lead us off this cliff that, as you point out, is artificially created by them, and so there's -- i think there's great hope that we can get this accomplished and set up the framework for the next session. >> okay. well, i want to play something for you of that encapsulates the outlook of some republicans. listen to this. >> i mean, it's a proven political strategy, which is give a bunch of money from the government to a
>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept...
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Nov 17, 2012
11/12
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. >> during that meeting the president sat between house speaker john boehner and senate majority leader harry reid calling for cooperation and compromise. >> we've got to make sure that taxes don't go up on middle-class families, that our economy remains strong, that we're creating jobs, and that's an agenda that democrats and republicans and independents, people all across the country, share. so, our challenge is to make sure that, you know, we are able to cooperate together, work together. >> joining me now for more, congressional reporter for "the washington post" ed o'keefe and national journal correspondent nancy cook. good morning both of you. last time we saw those three together, sort of a kumbayah moment when you have reid and boehner and mcconnell together. did you get a sense, ed, putting revenue on the table meant republicans were open to tax hikes for those makes $250,000 or more? >> no, they're not. they still say they don't want to see that increase. by talking about revenues the idea is you close loopholes, find a way to perhaps limit deductions and create revenue that w
. >> during that meeting the president sat between house speaker john boehner and senate majority leader harry reid calling for cooperation and compromise. >> we've got to make sure that taxes don't go up on middle-class families, that our economy remains strong, that we're creating jobs, and that's an agenda that democrats and republicans and independents, people all across the country, share. so, our challenge is to make sure that, you know, we are able to cooperate together, work...
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Nov 18, 2012
11/12
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why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to the fact that they are fearing this fiscal cliff. >> he must have known that this 1.6 trillion is a far more realistic number in the objectives. why didn't he mention >>> president obama will nominate susan rice as secretary of state. >> nope, he will back down. >> he won't back down. >> he will back down and not nominate her. >> he will 30 cure the state's budget problems? and will the growing economy take the state out of danger? a new approach to ridd
why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. and how you score it and that kind of thing. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications,
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. and how you score it and that kind of thing. so it could, if enough pressure comes on leadership and if they feel...
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Nov 17, 2012
11/12
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>> i think the challenge for boehner. it will be a test for john boehner's leadership to find the votes within his caucus, to meet the president and others halfway. he has got to come halfway. certainly the president has got to come halfway. that's what this is about. >> eliot: i agree with you. the president has already gone halfway. i think they'll end up meeting his number. winning in politics brings consequences. new orleans mayor marc moriel. thank you for coming on the program. i'm joined by the one and only congressman barney frank. congressman, thank you for joining us. >> great to be here. for >> eliot: for all the good well and happy talk is there a deal being framed up right now? >> i don't know. i hope there is. we've known there was substantively, but there has to be republicans who understand that sticking with this deficit reduction coming out of domestic programs, and you expand military spending, and you don't increase tax on the wealthy clearly the election said that's not the right way to go. i know the
>> i think the challenge for boehner. it will be a test for john boehner's leadership to find the votes within his caucus, to meet the president and others halfway. he has got to come halfway. certainly the president has got to come halfway. that's what this is about. >> eliot: i agree with you. the president has already gone halfway. i think they'll end up meeting his number. winning in politics brings consequences. new orleans mayor marc moriel. thank you for coming on the...
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Nov 18, 2012
11/12
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. >> chris: president obama and speaker boehner sounding up beat friday about prospects for cutting a deal to avoid the fiscal cliff and we're back now with the panel. so, after the president and congressional leaders met at the white house, on friday, the rhetoric was reassuring, the question is, is it real? do you get any sense, bob and this is the subject of your new book, that they really do see, are beginning to see a path to a compromise or are they trying to reassure nervous consumers before the christmas holidays and, investors because the stock market is done a thousand points. >> everyone is nervous about this. this is the last chance and the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood but the way they'll solve this, is kind of hostage exchange, in other words, the republicans are determined not to let tax rates go up and the president is determined or is determined to get more revenue and, it is possible to do this and the president is going along, it seems, with it some idea of entitlement reform, that
. >> chris: president obama and speaker boehner sounding up beat friday about prospects for cutting a deal to avoid the fiscal cliff and we're back now with the panel. so, after the president and congressional leaders met at the white house, on friday, the rhetoric was reassuring, the question is, is it real? do you get any sense, bob and this is the subject of your new book, that they really do see, are beginning to see a path to a compromise or are they trying to reassure nervous...
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Nov 12, 2012
11/12
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chris: will paul ryan join john boehner, the speaker, in trying to work out a deal? or he will be a rejectionist and set up the big rebel flag and say i'm going to be the die-hard? >> no one knows the answer to that question. that is yet to be seen. paul ryan is in a terrible situation. he can choose to do the right thing or he can decide, you know, he's obviously running for president in 2016, or he can decide to be the holdout and to be the rejectionist. president obama is lucky to have john boehner on the other side that have table because john bainer is not a crazy person. and he can work a deal. right now he simply does not have the votes. but -- again, the president does have to lead here. he has to bring something to the table. he has to be willing to give some that so that john boehner can bring his people to the table, too. but he can deliver. he's been mischaracterized i think. it's convenient for the white house to say, oh, boehner can't get his people behind him. boehner always gets his people behind him but the president has to bring something forward. c
chris: will paul ryan join john boehner, the speaker, in trying to work out a deal? or he will be a rejectionist and set up the big rebel flag and say i'm going to be the die-hard? >> no one knows the answer to that question. that is yet to be seen. paul ryan is in a terrible situation. he can choose to do the right thing or he can decide, you know, he's obviously running for president in 2016, or he can decide to be the holdout and to be the rejectionist. president obama is lucky to have...
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Nov 17, 2012
11/12
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CURRENT
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look here we go with more boehner love. i have to show this. this happenedda at the end of the meaning. >> wait, wait, excuse me there is one other point that i want to make and that is my understanding is material is speaker boehner's birthday. for those of you who want to wish hip a happy birthday -- we not not embarrass him with a cake because we didn't know how many candies were needed. >> yeah, right. >> we do want to wish him a happy birthday. >> thank you. thank you. >> all right. thank you, everybody. >> that would be all be nice if he well a tough portion stance -- negotiation stance and he does not and it seems frustrating to people who don't agreey with boehner and don't want to wish him a happy birthday. >> a different situation when reagan and tip o'neill were working together and o'neill would stand up on the president and the president would stand up to tip o'neill and now vuboehner standing up to the president and the president not standing up to boehner. larry cudlow have -- they have been talking about capping deductions to br
look here we go with more boehner love. i have to show this. this happenedda at the end of the meaning. >> wait, wait, excuse me there is one other point that i want to make and that is my understanding is material is speaker boehner's birthday. for those of you who want to wish hip a happy birthday -- we not not embarrass him with a cake because we didn't know how many candies were needed. >> yeah, right. >> we do want to wish him a happy birthday. >> thank you. thank...
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Nov 14, 2012
11/12
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thank you. >> so now that we have accepted even in boehner land that obama care is the law of the land, do you think that this will make the american health care system better? >> absolutely. i think that we are entering a period of time where we can get down to the very hard work that needs to be done to improve the health care of nation. and now that we are past the election and all sides agree that the affordable care act is the law of the land it gives the patients in the country, this country a much greater deal of certainty and security that our health care system is going to be there for them if they need it. >> well, arkoosh i think in addition to the fact we live in a nation where we're taxed for merely existing, there are still some people who aren't decided about obama care. in fact, politico had exit polling after the election showing the country's split down the middle on whether obama care should be repealed, partially or interly or kept. "forbes" has an article out called "five ways to protect yourself against obamacare." a concern is a doctor participate in a mass exodu
thank you. >> so now that we have accepted even in boehner land that obama care is the law of the land, do you think that this will make the american health care system better? >> absolutely. i think that we are entering a period of time where we can get down to the very hard work that needs to be done to improve the health care of nation. and now that we are past the election and all sides agree that the affordable care act is the law of the land it gives the patients in the...
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Nov 16, 2012
11/12
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WJLA
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nancy pelosi and john boehner met with the president this morning. with six weeks left to go, work has to be done quickly. rebecca is live with more on the talks. >> the calendar is showing it is just a few weeks until we fall off the so-called fiscal cliff. that is when extended unemployment benefits will expire, tax cuts will expire, and the automatic spending cuts will go into effect. today congressional leaders were promising they would meet the deadline. >> inside the white house republican house speaker john boehner and president obama sat side by side both insisting they want and will find macdill. >> our challenge is to make sure that we are able to cooperate, work together, find common ground, make some tough compromises, build some consensus to do the people's business. >> coming out of the meeting are rare image of bipartisan ship. >> we have the recognition that every person in america knows we would not reach agreement. >> we are prepared to put everything on the table provided we fixed the problem. however, we are in the dilemma we are
nancy pelosi and john boehner met with the president this morning. with six weeks left to go, work has to be done quickly. rebecca is live with more on the talks. >> the calendar is showing it is just a few weeks until we fall off the so-called fiscal cliff. that is when extended unemployment benefits will expire, tax cuts will expire, and the automatic spending cuts will go into effect. today congressional leaders were promising they would meet the deadline. >> inside the white...
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john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore fiscal balance. that is a very important change. you could debate what has motivated that change, and of course it is true that that approach has very popular substantial support among the american people. you have a much greater recognition that the economy would benefit from a carefully designed balanced agreement on fiscal reform. putting that off indefinitely is not good for the country. that is important, too. i think, again, if you listen carefully to what people are saying and what many politicians are saying, there is a lot of consensus on the things that would
john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore...
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boehner is trying to herd them. he felt last time. they're somewhat chastened. they make, with a short-term deal. over the long term, you're right. they will be recalcitrant and feel their principles were not projected and -- were rejected. there will be a long fight and liberals and democrats are kidding themselves if they think otherwise in the flesh of the victory. >> mr. boehner has tried this tack before. what makes you think he will be successful? i hear your point about big business. whether we're talking democratic or republican, what wall street wants, wall street gets much to my chagrin but i digress on that point. what is your sense of how or why this time john boehner will get what he wants but he has not been so successful at keeping his troops in line in the past? >> only because it comes off of some substantial loss. not a landslide loss or defeat but a substantial loss and there is a certain amount of shellshocked. i think also, if we come to the point of whether we're jumping off a cliff or in complete gridlock and we have a party and in that si
boehner is trying to herd them. he felt last time. they're somewhat chastened. they make, with a short-term deal. over the long term, you're right. they will be recalcitrant and feel their principles were not projected and -- were rejected. there will be a long fight and liberals and democrats are kidding themselves if they think otherwise in the flesh of the victory. >> mr. boehner has tried this tack before. what makes you think he will be successful? i hear your point about big...
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second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to me, this is like they've got the gun to their head. are you going to pass the tax cut fo
second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you...
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late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and try to avoid boxing himself in on upcoming negotiation. >> i'm open to come plo mize and new ideas. i have been encouraged for republicans to agree to more revenue as part of the arithmetic if we are serious to reduce deficit. >> the top republican in senate who is a key player in upcoming talks says raising taxes on the upper income americans does not add up. >> you can't raise taxes enough. the argument on whether or not we should raise tax rates on people above $250,000 would have produ
late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he...
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does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doing this. this president web ma
does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase...
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they are the ones doing the public posturing for him. >> i think also that john boehner does not have a strong hand. he has got a caucus that has dug in its heels on any kind of compromise. i saw this picture of john boehner, this cartoon character, holding a football and saying to president obama "trust me." >> there was an election on november 6 and the democrats did not do that badly. who is here? >> everybody has got to give. >> it really is true. you cannot tax your way out of this debt, you cannot slash expenses and get out of this in debt. you have got to do both. >> somewhat gradually. >> the president seems to be offering a two-for-one deal -- for every $1 of tax increase, he will cut expenses by $2. simpson-bowles wanted a one-to-3 ratio. the republicans want zero. >> but they have the business community that does not want us to go for the cliff -- >> if you use a different language, are there republicans amenable to an increase in taxes -- >> use the word "revenue." >> nancy pelosi took the position, a good negotiating position, that it ought to be $1 million to hundred $50
they are the ones doing the public posturing for him. >> i think also that john boehner does not have a strong hand. he has got a caucus that has dug in its heels on any kind of compromise. i saw this picture of john boehner, this cartoon character, holding a football and saying to president obama "trust me." >> there was an election on november 6 and the democrats did not do that badly. who is here? >> everybody has got to give. >> it really is true. you...
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boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new willingness to accept a more balanced approach? >> i'm very much encouraged by it. that is what made it impossible for us to even have discussions at all up until the election results came in. as you know, president obama ran on a very explicit platform of restoring the clinton area tax rates for folks above $250,000. romney explicitly ran against that. exit polls showed half the folks who voted for romney in fact supported the obama position on taxes. the other thing that's important to keep in mind, we -- our congress actually has made a trillion and a half dollars
boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new...
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. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand points? >> everyone is nervous about this. this is kind of the last chance. the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood, but the way they are going to solve this is kind of hostage exchange. in other words, the republicans are determined not to let tax rates go up. the president is determined or is determined to get more revenue. and it's possible to do this. the president is going along, it seems, with some idea of entitlement reform that we are going to actually cut spending. but this is, you know, they are going to have to -- th
. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand...